Rio attracts residents to revitalise the downtown area

The situation triggered the alert in the public authorities, and the City Hall launched, in July 2021, the Reviver Centro, a program to promote residential developments and revitalisation of the area.

New housing planned since 2021 exceeds the total licensed in the region in the last ten years

By: SiiLA News

04/18/2022

For 116 years, on the corner of Avenida Marechal Floriano and Rua Uruguaiana, the traditional Casa Paladino has been a resistance-free zone and abandoned downtown, Rio. "The goal has become to resist, but we don't know how long it will be worth it", says manager Antônio Silva. She has been at the warehouse restaurant for 26 years, becoming famous for its hearty omelettes and sandwiches. Also, centenary points, such as Casa Villarino and Syria cigar shop, could not resist and closed down.

In the economic crisis since 2015, the emptying of downtown Rio was exacerbated by the pandemic and the sudden shift to remote work, which remains. The region currently has a vacancy rate close to 60%. There are almost 7 thousand houses, two-story houses and entire buildings empty, says Claudio Hermolin, president of the State Construction Industry Union (Sinduscon-RJ). The situation triggered the alert in the public authorities, and the City Hall launched, in July 2021, the Reviver Centro, a program to promote residential developments and revitalisation of the area. The project quickly bears fruit by mid-to-long-term construction industry standards.

Read the full story (in Portuguese).

Source: Valor Econômico

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